In-spite of all the Brexit drama, our very long-term and short-term cycle in GBP/USD has been doing very well. One would wonder whether the GBP/USD cycle controls the Brexit events and politics in UK or the reverse. We think its the former and knowing the cycle apriori can not only allow predicting both long-term and short-term direction of GBP/USD but also the drama around Brexit.
An example below on our short term cycle in GBP/USD.
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GBP/USD Hourly Cycle Chart - 05/24/2019 |